If I could step in for a second, as someone whose set up is organized this way.
I am not aware of any receiver/integrated amplifier where the "tape in" was not followed by the volume control, just like any other input.
"Tape out", on the other hand, is at a fixed level, independent of the volume control setting. The intention is for volume changes in listening level not to affect any recording that may be going on from the tape out jacks.
You could compare the hiss levels with the iMac at full output vs at some partial setting, and you can control the levels at either place, whichever is most convenient.
If you use maximum output from you iMac you run the risk of getting blasted if you remove the 3.5mm plug without remembering to lower volume.